Thus, the moving average cost of the green widgets was $5 per unit at the beginning of the month, and $5.88 at the end of the month. We will repeat the example, but now include several sales. Remember that we recalculate the moving average after every transaction.
Finally, pass-through billing is an arrangement in which a laboratory tests samples provided by a physician for a fee, and allows the physician to profit by billing payers directly for the laboratory services for more than the physician paid the laboratory. This approach is typically avoided for Medicare and Medicaid patients by most physicians.
Does your lab provide you with free urine cups that you can use to provide point-of-care testing (and bill payers for such testing)? Are you paying a flat-fee to a laboratory for testing and billing payers directly for the test (âpass through billingâ)? If you are involved in any of these practices, be aware that you may be in violation of the law.